Publications

September 5, 2019

Reducing Shadow Economies

Across Europe, shadow markets constitute a significant portion of the economy. According to some estimates an average of 16 percent of GDP in EU member states is generated by the shadow economy. In Eastern and Southern Europe, the share of GDP produced by the shadow economy is even higher. On the one hand, governments admit that activities carried out within shadow markets create added value – they are included in official estimates of GDP among EU member states. On the other hand, governments have attempted to combat the shadow economy by introducing all kinds of policy measures aimed at reducing its operations as far as possible.
July 4, 2019

Tailoring the Work and Leisure Trade-off

Legal interventions in hiring and firing practices are often referred to as employment protection legislation that include working hours, health and safety requirements. The extent of legislative intervention and its quality significantly affects the functioning of the labour market.
June 26, 2019

The Case Against Tech Taxes

This paper explains why additional taxes on the turnover of companies with a large digital presence would be disproportionate, discriminatory and damage the European economy. They would further complicate the tax system for no obvious benefit, but substantial costs.
June 20, 2019

The Parliamentary Voting Behaviour of Populist Parties in Greece

Timbro’s methodological distinction in the Authoritarian Populism Index between extreme and authoritarian populist parties is highly relevant in the Greek political environment, as shown by the parliamentary voting patterns in the period 2012 – 2018.
May 28, 2019

Not Everyone’s Cup of Tea

MiFID II, together with MiFIR (Regulation (EU) No 600/2014), was intended to create a more transparent, competitive and integrated financial market in the EU by reducing trading outside regulated markets, increasing protection for investors and consumers, and improving financial stability.
April 30, 2019

Nanny State Index

Germany has overtaken the Czech Republic to become the EU’s most liberal country, according to the 2019 edition of the Nanny State Index. Finland remains the least free member state when it comes to drinking, smoking, vaping and food regulation, with Lithuania and Estonia in second and third place respectively.

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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EPICENTER publications and contributions from our member think tanks are designed to promote the discussion of economic issues and the role of markets in solving economic and social problems. As with all EPICENTER publications, the views expressed here are those of the author and not EPICENTER or its member think tanks (which have no corporate view).

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